How much does a Head of Business Development make in the United States? The average Head of Business Development salary in the United States is $281,283 as of September 26, 2019, but the range typically falls between $238,423 and $339,513. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
The Head of Business Development is responsible for developing new market initiatives, assessing new markets, and analyzing business opportunities. Plans and directs all aspects of an organization's business development policies, objectives, and initiatives. Being a Head of Business Development may also be accountable for licensing initiatives and programs; duties include negotiating contracts, initiating proposals, and closing deals. Conducts financial feasibility studies and develops proposals for new business opportunities. In addition, Head of Business Development requires a bachelor's degree. Typically reports to top management. The Head of Business Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2019 Salary.com)
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Includes base and annual incentives